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Tag: Nifty

Nifty hits fresh all-time high; Sensex climbs 150 points

Posted on June 12, 2024 By admin
Nifty hits fresh all-time high; Sensex climbs 150 points

Benchmark equity indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level, mainly due to buying in power, capital goods and industrial stocks amid a largely positive trend in global equities. Besides, a heavy rush on select index-heavyweight counters like HDFC Bank and Reliance Industries boosted investors’ sentiment, traders said. In…

Read More “Nifty hits fresh all-time high; Sensex climbs 150 points” »

Business

Markets decline in early trade on profit taking after record-breaking rally

Posted on June 11, 2024 By admin
Markets decline in early trade on profit taking after record-breaking rally

Representational image of the Bombay Stock Exchange Benchmark equity indices declined in early trade on Tuesday amid profit taking after a record-breaking rally and selling in bluechips Reliance Industries and HDFC Bank. Both Sensex and Nifty hit their all-time high levels in early trade on Monday. The 30-share BSE Sensex declined 113.63 points to 76,376.45….

Read More “Markets decline in early trade on profit taking after record-breaking rally” »

Business

Rupee falls five paise to 83.49 against U.S. dollar

Posted on June 6, 2024 By admin
Rupee falls five paise to 83.49 against U.S. dollar

On June 6, the Rupee settled seven paise higher at 83.44 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to settle at 83.49 (provisional) against the U.S. dollar on June 6 due to foreign capital outflows and rising crude oil prices overseas. Forex traders said a weak American currency and…

Read More “Rupee falls five paise to 83.49 against U.S. dollar” »

Business

Stock markets extend rally to 2nd day on easing political worries

Posted on June 6, 2024 By admin
Stock markets extend rally to 2nd day on easing political worries

The Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty ended nearly 1% higher on Thursday, continuing their rally for the second straight day as Prime Minister Narendra Modi is poised to form the government for the third consecutive term. Regaining the 75,000 level, the 30-share BSE…

Read More “Stock markets extend rally to 2nd day on easing political worries” »

Business

Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

Posted on June 5, 2024 By admin
Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

All the 30 Sensex companies ended in the green, with IndusInd Bank jumping nearly 8%. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Hindustan Unilever and JSW Steel also emerged big gainers. | Photo Credit: Reuters A day after facing massive erosion from their wealth, equity investors became richer…

Read More “Investors become richer by ₹13.22 lakh crore as markets bounce back after rout” »

Business

Sensex plunges 5.7% as BJP fails to win majority on its own

Posted on June 4, 2024 By admin
Sensex plunges 5.7% as BJP fails to win majority on its own

Big fall: A man checks stock market news on the big screen as Sensex opened in the red when counting began on Tuesday. | Photo Credit: ANI India’s S&P BSE Sensex suffered its sharpest fall since the onset of the COVID-19 pandemic in March 2020, as the surprise outcome of the ruling Bharatiya Janata Party…

Read More “Sensex plunges 5.7% as BJP fails to win majority on its own” »

Business

India Election Results Share Market Updates: Sensex, Nifty tank in early trade as initial counting for Lok Sabha polls showed mixed trend

Posted on June 4, 2024 By admin
India Election Results Share Market Updates: Sensex, Nifty tank in early trade as initial counting for Lok Sabha polls showed mixed trend

The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Benchmark equity indices Sensex and Nifty tanked over 5 per cent in late morning trade on Tuesday as the initial trend showed BJP winning lesser number of seats than predicted in exit polls. The 30-share BSE Sensex dropped 3,311.87 points or 4.33…

Read More “India Election Results Share Market Updates: Sensex, Nifty tank in early trade as initial counting for Lok Sabha polls showed mixed trend” »

Business

Sensex snaps 5-day losing streak on value buying, closes up 75 points

Posted on May 31, 2024 By admin
Sensex snaps 5-day losing streak on value buying, closes up 75 points

The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to…

Read More “Sensex snaps 5-day losing streak on value buying, closes up 75 points” »

Business

Stock markets fall for 5th day; Sensex plunges 617 points on profit booking

Posted on May 30, 2024 By admin
Stock markets fall for 5th day; Sensex plunges 617 points on profit booking

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai. File | Photo Credit: REUTERS Benchmark equity indices Sensex and Nifty declined nearly 1% on Thursday, continuing their falling streak for the fifth day running due to profit booking amid monthly expiry in the derivatives segment. The 30-share BSE Sensex plunged…

Read More “Stock markets fall for 5th day; Sensex plunges 617 points on profit booking” »

Business

Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

Posted on May 30, 2024 By admin
Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

From the Sensex firms, Tata Steel, JSW Steel, Power Grid, Titan, Nestle India and Bajaj Finserv were the biggest laggards. | Photo Credit: Reuters Benchmark equity indices plunged in early trade on May 30, continuing to fall for the fifth day running, in line with weak global trends and unabated foreign fund outflows. The 30-share…

Read More “Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows” »

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